Co-op CFO Richard Pennycook Steps In as CEO Euan Sutherland ResignsBy Lianna BrindedMarch 11, 2014 13:44 GMTCo-op's CFO Richard Pennycook Steps In as CEO Euan Sutherland ResignsReutersThe Co-operative Group confirmed that chief executive Euan Sutherland has resigned from the company,2011 New Supra Skytop High Tops Red White Womens, after less than one year in the role, as the embattled lender tussles with financial survival and a drugs and sex scandal involving its former chairman Paul Flowers.In a statement, the Co-op revealed that chief financial officer Richard Pennycook will take over from Sutherland in the interim with immediate effect."It is with great sadness that I have resigned as Chief Executive. I have given my all to the business and had hoped to be able to lead its revival," said Sutherland, who was in line to receive ��3.7m (�4.4m, $6.2m) for his first year in the job, nearly three times more than his predecessor received."However, I now feel that until the
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